The overall hike in vegetarian thali prices was attributed to a 30 per cent increase in prices of tomato, 59 per cent in potato and 46 per cent in onion
Traders have started hoarding stocks in anticipation that the government may relax its measures to control prices
The world's biggest exporter of onions is expected to see output fall by 16 per cent in 2023-24 amid lower yields
Non-veg thali becomes cheaper; pricier onion, tomato and potato push up price of veg thali
The government has extended the export ban on onion till further orders, according to a notification of the commerce ministry. Earlier, it was prohibited till March 31 this year. "Export prohibition on export of onions valid till 31st March 2024, is extended until further orders," the Directorate General of Foreign Trade (DGFT) has said in a notification dated March 22. DGFT is an arm of the ministry which deals with exports and imports-related issues.
The rise in the cost of a veg thali signals that the food inflation inched up in January as compared to January 2023
On a year-on-year basis, however, the cost of veg thali continues to be higher than in December 2022
Long-term solutions such as increasing the shelf life through irradiation technologies and converting fresh onions into processed flakes are available but have not been pursued with rigour: Experts
Justifying the ban, Consumer Affairs Secretary also noted that other major onion-producing nations, such as Egypt and Turkey, have banned exports, putting pressure on the Indian crop
The Centre is ready to purchase onions from farmers which remain unsold or cannot be auctioned even as attempts are being made to find a way out in view of the export ban, Maharashtra Deputy Chief Minister Devendra Fadnavis told the legislative council on Monday. He was replying to a query raised by the Leader of the Opposition, Ambadas Danve, who sought to know the measures being taken by the state government in view of the ban on the export of onions. Fadnavis' statement comes in the backdrop of his meeting with Union Minister for Consumer Affairs, Food and Public Distribution Piyush Goyal in Mumbai on Saturday night regarding the issues faced by cultivators in the state. "Farmers are badly affected by unseasonal rains. The ban on export of onions by the Central government is not in the interest of farmers, who are forced to resort to protests in Maharashtra," said Danve, who belongs to Shiv Sena (UBT). He questioned whether the state government would take up the onion export ban
The government expects onion prices to fall below Rs 40 per kilogram by January from the current average price of Rs 57.02 per kilogram, Consumer Affairs Secretary Rohit Kumar Singh said on Monday. Last week, the government banned onion exports till March next year after the retail sales price of the kitchen staple crossed Rs 80 per kg in the national capital and the prices in mandis remained around Rs 60 per kg. To a query on when the onion prices are expected to fall below Rs 40 per kg, Singh said, "very soon January". "Somebody said it will touch Rs 100 per kg, we said it will never cross Rs 60 per kg. So, all India average is now Rs 57.02 per kg this morning and it will not cross Rs 60 per kg," Singh said on the sidelines of the 'Deloitte Growth with Impact Government Summit'. The export ban will not affect the farmers and it is a small group of traders who are exploiting the differential between prices in Indian and Bangladesh markets. "They (the traders who were exploiting .
The export price before the duty was levied was somewhere around $320 per tonne free-on-board (around Rs 2,650 per quintal)
All-India average retail onion price on Monday is ruling high at Rs 59.09 per kg, according to the government data. To control the price rise, the central government, late last month, imposed a minimum export price of USD 800 per tonne to check exports and boost domestic supply. Retail prices had shot up to around Rs 80 per kg due to tight supply. As per the data from the Consumer Affairs Ministry, the all-India average price of onion on Monday is ruling at Rs 59.09 per kg. The highest price was recorded at Rs 90 per kg, and the lowest at Rs 20 per kg. The all-India modal price is Rs 60 per kg. In Delhi, onion prices have fallen to Rs 60 per kg. Onion prices in the national capital started inching up from October 25, when the rates were at Rs 40 per kg. Rates doubled to Rs 80 per kg on October 29. Onion is grown in three seasons -- kharif, late kharif and rabi. It is only rabi onion which is stored, as the variety grown in this season has a longer shelf life. On October 28, the .
The wholesale price of onions in Azadpur Mandi plunged to Rs 30-40 per kg. No relief in retail prices in Delhi NCR so far, but the government is selling onions at subsidised prices
Onion continued to be costly in the national capital on Tuesday as the average retail price remained at Rs 78 per kilogram even as the wholesale prices in the key supplying state of Maharashtra started cooling down after the imposition of export curbs. The all-India average retail onion prices increased by Rs 3.40 per kg to Rs 53.75 per kg on Tuesday from yesterday, according to the latest official data. Onion prices in the national capital started inching up from October 25 when the rates were at Rs 40 per kg, which doubled to Rs 80 per kg on October 29. Prices, however, fell marginally to Rs 78 per kg on October 30 and remained at the same level on Tuesday as well, the data from the consumer affairs ministry showed. At present, the average retail onion prices are ruling at the highest level in Delhi compared to other states and union territories. The second highest increase in the prices was in Goa and Puducherry where the average retail price was at Rs 72 per kg on Tuesday. In
As all-India average retail onion price shoots up by 57 per cent to Rs 47 per kg, the Centre on Friday decided to step up the sale of buffer onion at a subsidised rate of Rs 25 per kg in retail markets in order to provide relief to consumers. The all-India average retail price of onion rose to Rs 47 per kg on Friday, from Rs 30 per kg in the year-ago period, as per the data maintained by the consumer affairs ministry. In the national capital, retail price of onion was at Rs 40/kg on Friday as against Rs 30/kg in the year-ago period, the data showed. "We have been offloading buffer onions since mid-August and we are stepping up the retail sale in order to check further rise in prices and provide relief to the consumers," Consumer Affairs Secretary Rohit Kumar Singh told PTI. According to the ministry, onion is being offloaded from the buffer stock in both wholesale and retail markets in states where there is a sharp rise in prices. Since mid-August, about 1.7 lakh tonne of buffer on
The total sown area for onion in Maharashtra has dropped by 36% which has brought down the supply
Popular Indian and foreign brands including shoe retailers Japan's Asics and Skechers USA have been offering steep discounts
After the govt imposed a 40% duty on the export of onions, Union Agriculture and Farmers Welfare Minister Narendra Singh Tomar on Saturday said that farmers do not have to worry on the onion issue
Nationalist Congress Party (NCP) chief Sharad Pawar has said the 40 per cent duty on onion export must be revoked, and also claimed that the Union government might impose restrictions on sugar exports too. Speaking at an event in Purandar tehsil of Pune district on Thursday, the former Union agriculture minister said it was the government's responsibility to ensure a fair price for onions. "For the last few days, farmers in the Nashik region are protesting...they are demanding fair prices for their onion produce. Onions from the country are exported, but the government has imposed a 40 per cent duty on the export. It is the responsibility of the government to give a fair price to onion growers considering the input cost and it is farmers' right to demand it, but no concrete decision has been taken," he said. The government did announce that it will procure onions at Rs 2,410 per quintal and allow export of 2 lakh tonnes, he noted, adding that in view of the input cost, the procureme